Category: Bankruptcy questions and answers

Know When and How to File for Bankruptcy in Indiana

Chapter 7 and chapter 13 bankruptcy

For individuals considering filing for bankruptcy in the state of Indiana and struggle to pay their debts, are constantly harassed by creditors, or face foreclosure or repossession, understanding when should you file bankruptcy can be difficult. Bankruptcy is a legal proceeding that allows an individual to receive relief for unresolved debt or a sort of “fresh start” from their current financial situation. Common bankruptcy filings are typically generated by job loss, medical problems and divorce. However, bankruptcy is not the answer to all financial problems, and understanding the qualifications and process of filing for bankruptcy in Indiana is important.

Residents of Indiana in difficult financial situations may find themselves wondering “when should you file bankruptcy?” It’s importan

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